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Trump's envoy proposed transferring frozen Russian assets to a US-supervised account, which was immediately rejected by European allies.
Donald Trump's peace envoy proposed last week in Miami talks that European nations unfreeze some Russian sovereign assets and transfer them to a special purpose vehicle overseen by Washington, the Financial Times reported on Thursday. European representatives immediately rejected the plan, with German Chancellor Friedrich Merz stating that these assets, frozen in Europe, should remain in Europe and their use decided by Europe.
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